Nonprofit & Charitable Organizations
Related Insights
09.04.2026
Blogs
What Treasury’s New Tax-Exempt Rules Mean for Private Schools
On September 4, 2026, the Treasury Department and the IRS issued proposed regulations (Notice of Proposed Rulemaking, REG-119986-25) that would deny federal tax-exempt status to private schools that discriminate on the basis of race, color, or national or ethnic origin. These rules are proposed, not final — they remain subject to public comment and may change. Treasury estimates the rule could affect as many as 18,000 institutions, from grade schools to universities, professional schools, and trade schools, so the potential impact is worth understanding now.
03.16.2026
Blogs
Understanding the New Federal Tax Credit for K-12 Scholarship Donations
On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (P.L. 119-21), which created a new permanent federal income tax credit under IRC § 25F for individual donors who make cash contributions to qualifying Scholarship Granting Organizations (“SGOs”) supporting K-12 students. The credit takes effect January 1, 2027, so for organizations in the education and scholarship space, there is much to do between now and then.
03.16.2026
Client Advisories
Understanding the New Federal Tax Credit for K-12 Scholarship Donations
On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (P.L. 119-21), which created a new permanent federal income tax credit under IRC § 25F for individual donors who make cash contributions to qualifying Scholarship Granting Organizations (“SGOs”) supporting K-12 students. The credit takes effect January 1, 2027, so for organizations in the education and scholarship space, there is much to do between now and then.






